< back to the Housing Market Indicators Data Portal

Garfield Ridge

Garfield Ridge is one of the 77 official community areas of Chicago, Illinois, United States, and is located on the southwest side of the city. The northern half of Midway International Airport is located in this community area. (Source: Wikipedia)

Housing stock map

See the share of the area's total housing units that are in single family homes, condominiums, two-to-four unit buildings, buildings with five to 49 units, and buildings with 50 units or more.


The Composition of Cook County’s Housing Market >

Housing market indicators

All of these property level data sets are connected to parcel-level data files from the county Assessors offices that include data on every parcel in the Chicago metropolitan area. All of these parcel-level data sets include historical data and are updated on a regular basis ranging from every week to every year depending on the data set.

Housing Stock Composition

The composition of a neighborhood’s housing stock determines the appropriate targeted strategies for stabilizing local housing markets. Learn more about this data set.

"

Housing Units by Property Type


Property Type 2020
Single Family 80.8%
Condominium 2.4%
Building with 2-4 Units 10.1%
Building with 5+ Units 6.7%


Property Sales Activity

This indicator provides information on how active local residential property markets are, what types of properties are being purchased, who is buying them, and how much buyers are paying for properties.

Total Sales Activity

This is the total number of property sales in a given year. In Cook County, data are broken out separately for total sales activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 791 566 406 288 299 294 295 381 452 413 433 492 519 546 508 440
Single Family 705 514 371 274 287 269 270 358 428 388 399 456 487 493 467 404
Condominium 55 36 24 6 6 10 13 16 11 11 11 16 16 20 16 12
Building with 2-4 Units 30 14 11 8 6 15 11 7 12 14 20 17 14 31 25 20
Building with 5+ Units 1 2 -- -- -- -- 1 -- 1 -- 3 3 2 2 -- 4


Sales per 100 Residential Parcels

This indicator allows users to compare the level of property sales activity across geographies. This data point represents the total number of sales on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 7.0 5.0 3.6 2.5 2.6 2.6 2.6 3.4 4.0 3.6 3.8 4.4 4.6 4.8 4.5 3.9


Share of Sales, Business Buyers

This represents a range of investor types from small mom-and-pop investors to large Wall Street-traded equity funds. Heightened levels of single family homes purchased by business buyers is often indicative of a distressed and low priced inventory of homes, and low demand for owner-occupied housing in a neighborhood. In Cook County, this data point is available as the share of total sales activity where the buyer was a business entity by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 2.9% 4.2% 3.4% 5.2% 6.0% 9.2% 9.5% 8.7% 12.8% 13.6% 12.9% 10.2% 12.5% 13.0% 11.0% 8.6%
Single Family 2.6% 3.9% 3.5% 4.4% 5.9% 8.9% 9.3% 8.1% 13.1% 13.7% 12.3% 9.2% 12.3% 11.4% 10.7% 7.7%
Condominium 7.3% 5.6% 4.2% 16.7% -- 20.0% -- 25.0% 9.1% -- 18.2% 18.8% 25.0% 30.0% 6.3% 8.3%
Building with 2-4 Units 3.3% 7.1% -- 25.0% 16.7% 6.7% 18.2% -- 8.3% 21.4% 10.0% 23.5% 7.1% 22.6% 20.0% 10.0%
Building with 5+ Units -- 50.0% -- -- -- -- 100.0% -- -- -- 100.0% 33.3% -- 100.0% -- 100.0%


Share of Sales, Extremely Low Value

This represents the percent of sales that were purchased for less than $20,000 in a given year. In Cook County, this data point is available as the share of total sales activity that sold for less than $20,000 by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 0.1% 0.2% -- -- -- 0.3% 0.7% 1.6% -- 0.2% 0.2% 0.2% 0.2% -- -- --
Single Family 0.1% 0.2% -- -- -- 0.4% 0.4% 1.1% -- 0.3% -- 0.2% -- -- -- --
Condominium -- -- -- -- -- -- 7.7% 12.5% -- -- 9.1% -- 6.3% -- -- --


Mortgage Activity

These data measure the flow of mortgage credit into an area and indicates the level of lender investment. The level of mortgage activity in a neighborhood relative to other areas can assess how access to credit has changed over time in a community and how the flow of credit differs across geographies and for different property types.

Total Mortgage Activity

This is the total number of mortgages in a given year. In Cook County, data are broken out separately for total mortgage activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 3,114 2,549 2,060 1,223 1,109 849 825 1,119 1,033 832 881 1,067 967 879 980 1,347
Single Family 2,901 2,384 1,951 1,170 1,068 819 788 1,080 991 801 837 1,014 916 827 925 1,279
Condominium 98 73 45 18 17 9 11 15 14 5 13 10 14 6 17 22
Building with 2-4 Units 114 87 63 33 22 21 24 23 26 21 27 40 34 42 37 41
Building with 5+ Units 1 5 1 2 2 -- 2 1 2 5 4 3 3 4 1 5


Mortgages per 100 Residential Parcels

Mortgages  per 100 Residential Parcel


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 27.5 22.5 18.2 10.8 9.8 7.5 7.3 9.9 9.1 7.3 7.8 9.4 8.5 7.8 8.7 11.9


Foreclosure Filing Activity

This is an indicator of distress in a local housing market and viewing changing levels of activity allows for an understanding of the evolving nature of the foreclosure crisis in a neighborhood.

Total Foreclosure Filings Activity

This is the total number of new foreclosure filings in a given year. In Cook County, data are broken out separately for foreclosure filing activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 76 96 156 219 263 316 253 253 156 97 81 94 80 74 87 33
Single Family 73 92 148 202 235 296 234 228 150 93 75 89 72 72 82 32
Condominium 1 2 3 3 10 10 7 7 3 2 2 1 3 2 -- --
Building with 2-4 Units 2 2 5 13 18 10 12 17 3 2 4 4 5 -- 5 1
Building with 5+ Units -- -- -- 1 -- -- -- 1 -- -- -- -- -- -- -- --


Foreclosure Filings per 100 Residential Parcels

This indicator allows users to compare the level of foreclosure filing activity across geographies. This data point represents the total number of foreclosure filings on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 0.7 0.8 1.4 1.9 2.3 2.8 2.2 2.2 1.4 0.9 0.7 0.8 0.7 0.7 0.8 0.3


Cumulative Foreclosure Filings Activity



Property Type 2020
All Residential Properties 15.5%


Foreclosure Auctions

These are properties that have completed the foreclosure process. Understanding foreclosure auction activity helps determine the flow of year-over-year of REO (real estate owned) properties into a market, how third-party demand at auctions differs based on property types, and the density of REO activity across geographies. The level of completed foreclosure auctions activity in a neighborhood indicates distress in a local housing market.

Total Auction Activity

This is the total number of completed foreclosure auctions in a given year. In Cook County, data are broken out separately for total auction activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 3 7 38 65 78 76 84 93 98 71 69 37 45 26 28 3
Single Family 3 7 38 59 76 64 75 82 90 64 63 34 44 23 26 3
Condominium -- -- -- 1 1 3 6 7 2 1 2 1 -- 2 1 --
Building with 2-4 Units -- -- -- 5 1 9 3 4 6 6 4 2 1 1 1 --


Share of Auctions Resulting in REO

This is the percent of completed foreclosure auctions in a given geography where there were no bidders and the property became bank-owned REO (real estate owned).


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties -- 85.7% 92.1% 98.5% 97.4% 88.2% 94.0% 94.6% 84.7% 88.7% 78.3% 73.0% 64.4% 38.5% 60.7% --
Single Family -- 85.7% 92.1% 98.3% 97.4% 85.9% 94.7% 97.6% 83.3% 87.5% 79.4% 70.6% 63.6% 43.5% 61.5% --
Condominium -- -- -- 100.0% 100.0% 100.0% 100.0% 57.1% 100.0% 100.0% 50.0% 100.0% -- -- 100.0% --
Building with 2-4 Units -- -- -- 100.0% 100.0% 100.0% 66.7% 100.0% 100.0% 100.0% 75.0% 100.0% 100.0% -- -- --


REO per 100 Residential Parcels


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties -- 0.1 0.3 0.6 0.7 0.6 0.7 0.8 0.7 0.6 0.5 0.2 0.3 0.1 0.2 --


Population and Age

Population and Age


Indicator Value
Total Population 37,207
Share of Population Aged under 18 24.2%
Share of Population Aged 18 to 44 33.6%
Share of Population Aged 45 to 64 26.6%
Share of Population Aged over 65 15.7%


Race and Ethnicity

Race and Ethnicity


Indicator Value
Share of Population that is White 41.8%
Share of Population that is African American 5.3%
Share of Population that is Hispanic or Latino 51.0%
Share of Population that is Asian 1.2%
Share of Population that is Some Other Race 0.7%


Household Income

Household Income


Indicator Value
Total Households 12,301
Share of Households with Income Less than $25,000 14.5%
Share of Households with Income $25,000 to $50,000 18.4%
Share of Households with Income $50,000 to $100,000 31.6%
Share of Households with Income $100,000 or More 35.5%


Poverty Rate

Share of Population that is under the Poverty Level


Indicator Value
Share of Population that is under the Poverty Level 8.5%


Resident Tenure

Total Households


Indicator Value
Total Households 12,301


Share of Households that are Owner-Occupied


Indicator Value
Share of Households that are Owner-Occupied 82.8%


Share of Households that are Renter-Occupied


Indicator Value
Share of Households that are Renter-Occupied 17.2%


Cost Burdened Households

Share of Owner-Occupied Households that are Cost-Burdened


Indicator Value
Share of Owner-Occupied Households that are Cost-Burdened 24.7%


Share of Renter-Occupied Households that are Cost-Burdened


Indicator Value
Share of Renter-Occupied Households that are Cost-Burdened 42.8%


Share of All Households that are Cost-Burdened


Indicator Value
Share of All Households that are Cost-Burdened 27.5%